NOTE: The information contained herein has been obtained from sources deemed reliable and believed to be accurate. However, no express or implied warranty is made as to the accuracy of these representations. All dimensions contained herein are more or less.

GENERAL INFORMATION

LOCATION:

Well kept neighborhood, just south Sinai Hospital. Shopping and eateries are nearby along W. Northern Parkway and Falls Road. Highway access is within minutes to I-83 via W. Northern Parkway or W. Cold Spring Lane. The Cylburn Arboretum is located 2 blocks to the east. Public schools are in close proximity. The Downtown business district lies 5-10 minutes to the south.

Vinyl sided cape cod home, constructed in 1950, comprising 1,200 square feet, plus 800 square feet of basement area (according to SDAT tax records). The home features a covered porchfront and vinyl replacement windows. The home is in need of some cosmetic repairs and updating, and is arranged as follows:

First Floor

Living Room

Kitchen with dining area

2 - Bedrooms

Full Bathroom

Second Floor

2 - Bedrooms

Basement

L-Shaped Recreation Room with built-in bar

Laundry Room

MechanicalGas forced hot air heat
Central air conditioning

ANNUAL REAL ESTATE TAXES:

2013-2014 Annual Real Estate Taxes - $2,728 (based on a full value tax assessment of $115,600). Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property. Purchasers are encouraged to contact SDAT concerning the appeals process and may see the following link for helpful information:http://www.dat.state.md.us/sdatweb/appeal.html.

TITLE:

In fee simple; sold free and clear of all liens

ZONING:R3 - Residential

INSPECTION:

The home may be inspected 30 minutes prior to the auction.

TERMS OF SALE:

Deposit payable by certified or cashier's check of $2,500 will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price within 24 hours at the office of the Auctioneers. Balance to be paid in cash at settlement, which shall take place within 45 days. If payment of the balance does not take place within the specified time, the deposit will be forfeited and the property may be resold at the risk and expense of the defaulting purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement. Taxes and all other public charges and assessments, payable on an annual basis, including sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. The property will be sold in "AS IS" condition, without express or implied warranty as to the nature and description of the improvements as contained herein; and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes risk of loss from the date of sale forward. The purchaser waives and releases the Seller, the Auctioneers, and their respective agents, successors and assigns from any and all claims the purchaser and/or its successors and assigns may now have or may have in the future relating to the condition of the property, including but not limited to the environmental condition thereof. If the Seller is unable to convey good and marketable title, the purchaser's sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneer. The purchaser agrees to waive the right of inspection for lead paint as provided under current Federal and State Law. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser, except where otherwise mandated by local, State or Federal law. Time is of the essence. NO BUYER'S PREMIUM!